Slovakia government sees Telekom IPO by end-June

April 1, 2015 3:00 PM

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BRATISLAVA, April 1 (Reuters) - Slovakia aims to conclude an initial public offering (IPO) of its 49 percent stake in mobile and fixed-line operator Slovak Telekom by the end of June, the Economy Ministry said on Wednesday.

A plan to consolidate the state's holding under a single government agency was approved on Wednesday, moving another step closer to an IPO, with the government also declaring its preference for a public offering of the shares rather than a sale to majority shareholder Deutsche Telekom.

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